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City of Yonkers – Budget Review (B24-6-7)
… City of Yonkers’ financial condition in the current and future years. Background The Office of the State … the City of Yonkers financial condition in the current and future years …
https://www.osc.ny.gov/local-government/audits/city/2024/07/12/city-yonkers-budget-review-b24-6-7DiNapoli Releases October State Cash Report
… was $37 million higher than projected. The General Fund closing balance totaled $7.7 billion, which was $68.5 million …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-releases-october-state-cash-reportCity of Troy – Budget Review (B22-5-7)
… projections in the City’s proposed budget for the 2023 fiscal year are reasonable. Background The City of Troy, … Key Findings Based on the results of our review of the 2023 proposed budget, we identified certain revenue and … Town of Waterford that, if the City realizes revenues in 2023 similar to 2021 and 2022, could be overestimated by …
https://www.osc.ny.gov/local-government/audits/city/2022/11/04/city-troy-budget-review-b22-5-7Oversight of Select High-Technology Projects (Follow-Up)
… included in our initial audit report, Oversight of Select High-Technology Projects (Report 2017-S-60 ). About the … or expanding in New York. According to ESD officials, high-technology (high-tech) sectors are highly valued targets of economic …
https://www.osc.ny.gov/state-agencies/audits/2025/04/15/oversight-select-high-technology-projects-followState Agencies Bulletin No. 2236.1
… tax withholdings and must be reported on the employee’s Form W-2. State agencies, apart from SUNY, should notify …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/22361-change-maintenance-rates-employee-housing-and-mealsState Agencies Bulletin No. 1739
… April 2019 M/C Salary Increase and provide instructions for payments not processed automatically Affected Employees … BU79 Background Chapter 24 of the Laws of 2019 provides for a salary increase of two percent (2.00%) for fiscal year 2019-2020 and includes the April 1, 2019 M/C …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1739-april-2019-managementconfidential-mc-2-salary-increaseDiNapoli: Wall Street Bonuses Declined in 2010
… deferred compensation and higher base salaries. Wall Street profits totaled $27.6 billion in 2010, which would be … down, but that's not an indicator of a weakness on Wall Street," DiNapoli said. "Wall Street is changing its compensation practices in response to …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010DiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… IDAs reported 359 new projects in 2021, led by Finger Lakes region IDAs, which reported 80 new projects with a …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionLocal Government – 2021 Financial Condition Report
… Real Property Taxes and Sales Taxes Are Major Local Revenue Sources Real property taxes remain the single largest source of local government revenue in the State, accounting for $36.6 billion, or 43 percent, of the $85 billion in total revenue from local fiscal years ending in 2019 (not including …
https://www.osc.ny.gov/reports/finance/2021-fcr/local-governmentWall Street Bonuses Went Up In 2013
… The average bonus paid to securities industry employees in New York City grew by 15 percent to $164,530 in 2013, which is the largest average bonus since the 2008 … some rough patches last year and had a profitable year in 2013. Securities industry employees took home …
https://www.osc.ny.gov/press/releases/2014/03/wall-street-bonuses-went-2013Division of Housing and Community Renewal Bulletin No. DH-101
… the 2019 statewide average weekly wage is $1,357.44. Based on this 2019 average weekly wage amount, the maximum employee … employee’s record; AND update the employee’s FLI Status field to ‘Exempt’. See Job Aid_A for instructions. Agency … direct deposit advice statement. Agencies will be able to view the deduction for PFL in PayServ on the “Review …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-101-new-york-state-paid-family-leave-program-rentState Agencies Bulletin No. 1759
… has announced that the 2019 premium rate and the maximum weekly employee contribution for coverage will be 0.153% (0.00153) of an employee’s weekly wage, up to the statewide average weekly wage. … Control-D Reports Available After Processing A Control-D report, NTAX511 (Paid Family Leave), has been created to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1759-new-york-state-paid-family-leave-program-employees-tug-hill-commissionReporting of Billboard Income (Follow-Up)
… Purpose To determine the extent of implementation of the five recommendations included in our initial report, Reporting of Billboard Income ( 2011-N-2 ). Background Our initial … To determine the extent of implementation of the five recommendations included in our …
https://www.osc.ny.gov/state-agencies/audits/2016/11/04/reporting-billboard-income-followState Comptroller DiNapoli Releases Municipal & School Audits
… property tax collections within required timeframes or in a timely manner; remit real property tax collections … for sufficient budget appropriations, which could result in budget lines being overspent; 58 totaling $1.6 million did … sufficient supporting documentation, which could result in paying a claim that is not valid and legal; and 11 lists …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-dinapoli-releases-municipal-school-auditsMandatory Service Credit Purchase Payments – Enhanced Reporting
… after October 1, 2013, are covered under Section 414(h). When a member owes mandatory member contributions, you will receive a notification letting you know that their service credit purchase (SCP) deduction has …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/mandatory-service-credit-purchase-paymentsTown of Dover – Financial Activities (2013M-139)
… ensure that Town resources are adequately safeguarded. The Tax Collector did not deposit and remit tax payments within the timeframes required by law, and the … taxpayer money. Key Recommendations Remit real property tax payments to the Supervisor weekly until the Town warrants …
https://www.osc.ny.gov/local-government/audits/town/2013/08/30/town-dover-financial-activities-2013m-139DiNapoli: State's Fiscal Outlook Declines
… Just a year after the Division of the Budget forecast fiscal stability and no projected budget gaps in the … outlook include declines in revenue from a weaker economic forecast, stock market volatility, and increases in recurring … identifies several risks and concerns related to DOB’s forecast and projections, including the following. Increasing …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declinesState Comptroller DiNapoli Releases State Revenue Projection to Reflect Coronavirus Impact
… deteriorating conditions and the potential likelihood of a deep recession in the coming fiscal year, one alternative …
https://www.osc.ny.gov/press/releases/2020/03/state-comptroller-dinapoli-releases-state-revenue-projection-reflect-coronavirus-impactState Agencies Bulletin No. 1619
… The corresponding maximum deduction is as follows: Pay Frequency Maximum Annual Deduction Maximum Annual Taxable … using the Paid Family Leave Weekly Payroll Deduction Calculator . Actual deduction amounts may vary from pay period to pay period, depending on the employee’s gross …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1619-new-york-state-paid-family-leave-program-ny-paid-family-leave2023 Financial Condition Report – 2023 Financial Condition Report
… Message from the Comptroller Despite significant uncertainty caused by … support for schools, health care and other programs. At the same time, new risks to financial stability are emerging. … Report This report provides citizens with an overview of the financial condition of New York State. It presents …
https://www.osc.ny.gov/reports/finance/2023-fcr